Market Week

Stocks pulled back last week as tech shares pared gains from the prior week.

A stronger-than-expected jobs report (see below) helped drive stocks mostly higher last week and raise optimism of an interest rate cut when the Federal Reserve meets later in December.

Thanksgiving week proved to be a positive one for stocks. Each of the benchmark indexes listed here closed higher, led by the Dow and the Russell 2000.

Wall Street enjoyed a solid week of gains, rebounding from the prior week’s losses.v

Last week saw stocks close markedly lower as investors were discouraged by hawkish comments from Federal Reserve Chair Jerome Powell, who put a damper on the likelihood of another interest rate decrease this year.

Stocks rallied last Tuesday as investors awaited the results of the presidential election.

Wall Street saw stocks end October with a whimper, although equities began November on a high note.

Tech shares helped the NASDAQ close up last week. The remaining indexes listed here didn’t fare as well. Renewed concerns about the Federal Reserve’s interest rate policy dampened investor appetite for risk. Bond prices also faded during the week, driving yields higher.

Investors were confronted with plenty of market-moving information last week as they waded through negative developments and some positive signs.

Wall Street enjoyed a solid week of gains following a rough start to the month. Each of the benchmark indexes listed here advanced, with the exception of the Russell 2000, which is generally the most volatile of the aforementioned indexes.